Business Standard

Shoppers Stop gets reaffirmation of credit ratings

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Capital Market

From CARE

Shoppers Stop announced that Credit Analysis & Research (CARE Ratings) has enhanced the limit for the long term bank facilities from Rs. 682.00 crore to Rs. 742.67 crore and maintained the same rating of CARE A (Single A). The credit rating of CARE A1 (A One) for the short term bank facilities amounting to Rs. 21.50 crore also remains unchanged.

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First Published: Oct 26 2016 | 11:33 AM IST

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